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Thursday, March 29, 2012

There are various factors to consider when buying a new car. Among them is the purchase of an extended car warranty. One must be aware of the benefits of these warranties before making any decisions.

A car warranty is a form of contract between the seller and the buyer. The warranty guarantees the buyer that; the seller will cover for certain mechanical repairs or replacements for a stipulated period. If your car spoils after purchase and before the end of the stipulated time of the warranty, then your company should cover for the costs incurred.

The warranty may also be viewed in terms of mileage coverage. After the warranty expires, one can purchase another warranty or pay an extension of the warranty. The buyer can also opt to pay for repairs using other means.

Bumper to bumper warranty is also known as the new car warranty. It is the most popular warranty offered to new-car buyers. But rarely will cover bumper to bumper literally.

One should always take care when dealing with companies offering these warranties as some of them tend to misuse their customers. Not so many service providers offer a bumper-to-bumper warranty and thus, one should be careful of the scams. Some service providers are out to make money and exploit their customers.

There are things that one should put into considerations when in search of a dependable car warranty. One of the factors that must be considered is the types of items covered within a warranty. One should ensure that the warranty covers all the repair cost and that one should not be limited to one service station.

The other factor to consider is the cost of the warranty. One would put a warranty into considerations if it is of a reasonable cost. It is advisable that one should consider a warranty that meets your budget.

Sunday, March 11, 2012

Does your car have a tendency to break down as soon as the manufacturer's warranty expires? Do you know anyone whose used car has started having trouble almost as soon as they drive it off the lot? Whether your car is new or used, it is essential to have the right car warranty for you when you buy a car.

When shopping for a car warranty, ask yourself the following questions:
1. Who takes care of the claims?
When purchasing a car warranty, make sure the company that sells the claim handles the claim too. Companies that sell and administer their own claims are better equipped to provide their own service and support.

2. Is it an exclusionary plan?
Manufacturer claims are called exclusionary claims because it is easier to list the items that are not covered rather than list the things that are. Plans that list what is covered may not be full exclusionary plans, but supplemental or partial plans. Be sure to always choose an extended auto warranty that is an exclusionary plan.

3. Parts, Labor and Other Expenses
Never assume that an auto warranty includes parts and labor. At around $70 - $100 and hour, labor costs alone can greatly add to the cost of repairing and maintaining your automobile. Car rental and other expenses should also be taken into consideration. Look for an auto warranty that includes these items.

4. Reputation
If you're going to hold up your end by paying for the premium, you need a warranty company that will hold up their end of the deal if your car breaks down. Choose a company that has a good reputation with its clients so that you know if you need them they will be there for you.

5. How Does the Company Handle Claims?
An auto contract that can only be used in certain places, or that makes you pay for the repairs then offers to reimburse, does not give you peace of mind and can even make your car repairs more complicated. Nationwide coverage, the ability to choose where you get your car fixed, and direct payment to repair facilities can make your life a lot easier. Choose a warranty service contract with these options and you will sleep much better at night.

6. You Get What You Pay For
Don't let sticker price affect you when shopping for a warranty company for your vehicle. Look at what you are getting for your money and factor in out-of-pocket costs you are likely to be burdened with if you choose a less expensive, reputable company. You will probably end up saving more money in the end paying a little more for a warranty with a company that has a proven track record than if you go with a "bargain basement" plan.

Take these six tips into consideration when choosing a warranty for your car, and you'll know be assured you have invested in the best protection for your car dollar for dollar.